American investors signal they welcome ramping up in AI investment. British investors, by contrast, tend to be wary of anything that smacks of "jam tomorrow."

American investors signal they welcome ramping up in AI investment. British investors, by contrast, tend to be wary of anything that smacks of "jam tomorrow."

"You've got to be selective about what you buy," Sean Peche, portfolio manager at Ranmore, told CNBC's Squawk Box Europe.